#United States #Dividend #Houston #Preferred Stock #Third Coast Bank

Third Coast Bancshares Announces Quarterly Cash Dividend

On September 17, 2026, Third Coast Bancshares, Inc., which trades on the New York Stock Exchange under the ticker TCBX, declared a quarterly cash dividend for its investors. The amount of the dividend is set at $17.25 per share, applicable to its 6.75% Series A Convertible Non-Cumulative Preferred Stock.

The announcement came from the company’s Board of Directors and is significant for shareholders as it underscores the company's strong commitment to returning value to its investors. The dividend will be distributed on October 15, 2026, to stockholders who are on record as of the close of business on September 30, 2026. This regular dividend payment is crucial for both maintaining investor confidence and attracting potential future investments.

About Third Coast Bancshares, Inc.

Established in 2008, Third Coast Bancshares operates through its wholly-owned subsidiary, Third Coast Bank. Based in Texas, the bank primarily serves key metropolitan areas, including Austin, Dallas-Fort Worth, Greater Houston, and San Antonio. Situated in Humble, Texas, Third Coast Bank has expanded its footprint to cover 21 branches across some of the state's largest markets, further strengthening its position as a prominent player in regional banking.

The bank focuses on building lasting relationships with its clients while delivering a range of financial services designed for commercial clients. This commitment is reflected in its ability to consistently declare dividends, highlighting its robust financial health.

Economic Context and Forward-Looking Statements

The declaration of dividends is often closely tied to the broader economic conditions and internal financial metrics of the company. Forward-looking statements made by the company indicate a cautious but positive outlook regarding future performance, despite heightened market risks and fluctuating economic conditions that can affect profitability and dividend policies.

Third Coast Bancshares acknowledges various factors that might impact its financial outcomes, such as interest rate risk, market fluctuations, and competition in the banking industry. Thus, the company encourages investors to view any forward-looking statements with a degree of caution, keeping in mind that actual results may vary based on real-world developments.

Conclusion

The quarterly cash dividend from Third Coast Bancshares is not just a sign of financial health but an affirmation of the company's dedication to delivering shareholder value. As this Texas-based bank continues to navigate the complexities of the financial landscape, stakeholders are advised to follow its developments closely. For more information, visit Third Coast Bank's official website.